FAQ
What is a payday loan or cash advance?
These are two terms that mean the same thing. They are unsecured,
short term loans (no longer than 30 days) that are designed to help
people when an unplanned expense occurs. The loans require no
collateral and in most cases there are no credit checks.
How much can I borrow?
www.310loans.com You may apply for $100 to $1,500. Ultimately the lender will decide, based upon your application, how much you qualify for.
What are the loan qualifications?
- You must be a citizen or legal resident of Canada
- You must be at least 18 years of age
- You must have a bank account
- You must be employed. Different lenders will have different income requirements.
In which provinces do you operate?
Alberta, Ontario, Manitoba and British Columbia
Who are you?
The owner of this website is not a bank, lender or financial
institution of any kind. Therefore, we do not make decisions regarding
your loan application. We act as an intermediary between you and the
lenders.
How do I repay the payday loan?
You don’t write us a check, nor are you forced
www.310loans.com to come to a physical
location. Your loan amount, including fees is automatically deducted
from your bank account on your next payday.
Must I be employed in order to qualify for a cash advance or payday loan?
Yes.
What if I only work part time? Do I still qualify?
Yes you do. The required income will vary by lender but we work with many who do not require full time employment.
What if I have bad credit? Do I still qualify?
Yes. Most lenders do not conduct credit checks because there is no collateral required.
Once I’m approved, can the money be transferred to my account on a weekend?
No. The lenders follow normal banking work schedules and thus do not transfer money on weekends or holidays.
Can I get a loan extension?
No. Payday loans cannot be extended. You must pay the loan amount
in full on the date it is due. This is done to protect consumers from
having too many loans at one time.
www.310loans.com
